MicroStrategy Plans $1.75 Billion Convertible Notes Offering to Expand Bitcoin Holdings – Decrypt
There is a saying that the early riser gets the worm. In MicroStrategy's case, it has been steadily accumulating Bitcoin for just over four years and is hoping to earn more. MicroStrategy made the announcement Monday night. Plans to raise $1.75 billion to purchase more of the world's largest virtual currency through convertible banknotes, and […]
MicroStrategy to raise $1.75B with 0% interest notes to buy Bitcoin – Cointelegraph
MicroStrategy, the largest corporate holder of Bitcoin, plans to raise $1.75 billion to buy more Bitcoin from senior convertible notes at 0% interest. micro strategy said “We intend to use the net proceeds from this offering to acquire additional Bitcoin and for general corporate purposes,” the company said in a statement on November 18. The […]
Crypto hacker’s rapper-wife ‘Razzlekhan’ sent to prison in $10B bitcoin heist
The wife of a notorious cryptocurrency hacker who raps under the name Razurkan and calls himself the “Wall Street Crocodile” was charged Monday with helping her husband launder stolen Bitcoins now worth $10 billion. , was sentenced to 18 months in prison. Heather Morgan, 34, was sentenced by a federal judge in Washington, D.C. Days […]
Millennium, Capula, Tudor pile bitcoin ETFs into portfolios
Erin Gibbs, chief investment officer at Main Street Asset Management, discusses whether the U.S. dollar is at risk of losing its status as the world's reserve currency on “Making Money.” Hedge funds including Millennium Management, Capra Management and Tudor Investments increased their exposure to U.S. spot Bitcoin exchange-traded funds (ETFs) in the third quarter amid […]
MicroStrategy Taps Stock Market to Fund Record Bitcoin Buy – Yahoo Finance
(Bloomberg) — MicroStrategy Inc. has purchased a record $4.6 billion in Bitcoin, fulfilling a plan announced last month to use capital markets to accelerate purchases of cryptocurrencies. Most Read Articles on Bloomberg The enterprise software maker has included the purchase of digital assets in its corporate strategy, acquiring approximately 51,780 Bitcoin between Nov. 11 and […]
Spot Bitcoin ETFs hit $1.7B weekly inflows, marking six-week streak – Cointelegraph
Spot Bitcoin Exchange Traded Fund (ETF) continues its upward momentum, continuing its strong week as the crypto market soars. The Spot Bitcoin (BTC) ETF recorded net inflows of $1.67 billion during the trading week of November 11-15, marking its sixth consecutive week of positive flows. According to Convert data from crypto tracking platform SoSoValue. BlackRock's […]
An Ohio man guilty of Bitcoin laundering must forfeit over $400 million in assets – The Verge
An Ohio man named Larry Dean Harmon will be sentenced to three years in prison and have $400 million worth of cryptocurrencies and other assets forfeited, the Justice Department announced. announced on Friday. Harmon was indicted in 2020 on charges of money laundering conspiracy related to Helix, a dark web cryptocurrency “mixer” service he operated. […]
Bitcoin Hits An All-Time High, But Nvidia Has Outperformed It Dramatically Over The Last Five Years – Benzinga
Bitcoin may be making headlines for hitting an all-time high after the US presidential election, but there is an even more impressive success story unfolding. As the world's most popular cryptocurrency approaches the $100,000 milestone, Nvidia NVDA It has significantly outperformed Bitcoin over the past five years. Don't miss: Bitcoin has had a great year. […]
Trump builds team, DOGE starts hiring, bitcoin blasts higher
Rick Rieder, BlackRock Global Fixed Income CIO, evaluates President-elect Trump's economic strategy and shares his market outlook on Barron's Roundtable. This special edition of the FOX Business Rundown newsletter covers the week's biggest stories coming out of the election. – President-elect Trump builds team – Energy, DOGE and Health are selected – Treasurer in limbo […]
MicroStrategy’s $26 billion Bitcoin cache is larger than IBM, Nike cash holdings – Yahoo Finance
(Bloomberg) — Michael Saylor's unusual decision to hold Bitcoin instead of cash on MicroStrategy's books has turned the once-obscure software maker into the upper echelon of one of the richest companies when it comes to financial assets. I jumped into the club. Most Read Articles on Bloomberg Listen to the Here's Why podcast on Apple, […]